One obviously will be iphone revenue, it is 26 billion, basically in line with what the street was looking for it is down 12 , but it is an improvement from q2. Remember, it was down 17 . I had a chance to catch up with ceo tim cook i asked what kind of impact the Trading Program was having there. Remember, one big roll here for the iphone franchise, why it is facing challenges, the replacement cycle is getting longer i asked cook is the tradein program impacting that at all. He said it was, it was a key reason for the sequential improvement. Services will be in focus, 11. 5 billion. Though apple has the onetime litigation settlement. It is up 15 from the comparable figure a year ago. I did ask cook about some of the new services on the way like the new Video Streaming Service and i asked him, melissa, how he will judge the service cook telling me the most important thing is, one, the product, and, two, the number of subscribers, whether we are going to announce it i dont know we only
Canes ruled the mornings around here, i remember each time i cohosted he would introduce me as reverend Jim Bob Cramer from the church of what is happening now. It was fun back then seemed like everyone was running their own personal hedge fund. There was an understanding a stock could be here today and gone tomorrow and everyone was fine with it those days, those days are long over if you recommend a stock for trade if you say buy it today for the Analyst Meeting and sell it tomorrow, there were always be Youtube Video kicking around that shows you like the stock but never gave the sell call so weve gone well beyond that. Tonight were taking it to the next level where i introduce you to the concept of suitability. Basically, what stocks fit you and what investments are right for you and your age and temperament. I heard of the concept of suitability when i was at training for Goldman Sachs that helped small constitutions and individuals. I built individual stocks for myself and others
Record most strongly my personal apology and sympathies with all Sub Postmaster is, their families and those affected by this as we get into the conversation, there will be an opportunity for me to elaborate, but i felt that was important for me to say upfront. It but i felt that was important for me to say upfront to say upfront. It was the term ern adam crozier to say upfront. It was the term ern adam crozier to to say upfront. It was the term ern adam crozier to give to say upfront. It was the term ern adam crozier to give evidence. To say upfront. It was the term ern| adam crozier to give evidence. The whole company, because of what we inherited, whole company, because of what we inherited, effectively on the royal mail side inherited, effectively on the royal mail side that had not been invested in for mail side that had not been invested in for a mail side that had not been invested in for a decade, had not hit its quality in for a decade, had not hit its quality of in for a deca
Punishment, and whether private prisons healthy functioning of our criminal Justice System. Prisons have been making a comeback under president trump, poised to grow under his law and order approach and his immigration policy. The trumpy, administration reversed last years of Obama Administration directive to phase out privately run federal prisons. Biggestices for the two private Prison Companies have about double to, doubled, the geo group and cca. Have a really incredible panel joining us tonight. Shane bauer spent four months as a private prison guard and brought us a firsthand account of what happened in these prisons. He is the author of sliver of light. [applause] next, we have the former warden andan quentin state prison, the former undersecretary at the California Department of corrections and rehabilitation. [applause] santos is an investigative journalist for the Marshall Project, a nonprofit News Organization covering the u. S. Criminal Justice System. She wrote an extensiv
Bitcoin. Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Hartford is the former ceo of the Online Travel site orbitz. The second high profile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology s eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a de